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The Standard Gazette
Online Daily News Portal | Online Newspapers

African envoys speaks strongly on foreign aids

African envoys have come out to speak strongly on the need for the African Nations to stop relying too much on foreign aid for development.

The Ghanaian High Commission, Alhaji Rashid Bawa and the Liberian ambassador to Nigeria Prof Al-Hassan Conteh made the remark yesterday at a reception to mark Ghana’s 61st independence anniversary in Abuja.

The envoys attributed the low development experienced in Africa to the heavy reliance on foreign aids by the nation.

The Ghanaian mission’s Charge d’Affaires, Ahmed Tijani Abubakar said this on behalf of his boss, Rashid Bawa.

The envoy pointed out that the foreign aid has kept Africa to depend on raw material export-based economies to the advantage of developed countries.

He, however, said that the foreign aid was meant to help post-colonial development.

“It is against this background that the current government of Ghana under the leadership of President Nana Akufo-Addo is advocating for new growth and development narratives in term of Ghana trade and investment relations with its development partners,” he said, adding that boosting intra-African trade, which currently stands at 12%, remained the best way to achieve self-reliance.

Prof. Al-Hassan in his own remark said it has reached the point where African nations should stop relying on foreign aides as mobilising domestic resources for development becomes important.


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